Occupational Tax

The Occupational Tax Module assists you in managing the collection of Occupational Taxes in accordance with the state/local law. This system manages the complete tax cycle from calculating the tax to processing the receipts. This module also manages the billing, collection and licensing of insurance companies writing premiums in a city or country.

Features:

Allows rate code structure for fees to be based on multiple criteria

Per Employee

Gross Receipts

Profitability Ratio

Professional Flat Rate

Apply penalties and interest at time of payment

On-screen inquiry allows you to display company name and address, account number, current charges, previous year charges, list of transactions and account balance.

Maintain an unlimited number of pre-loaded SIC codes and profit ratios per SIC

Automatically maintain history on a business when business ID is changed

Calculates taxes in accordance with state law relative to occupational taxes

Manages the collection of tax payments, including cash drawer management

Automatically updates the general ledger and revenue accounts as payments are processed

Interface with third party address files (911 or real estate) to verify business location and address information (are they really located in the city limits or in the unincorporated area?)

Powerful Report Generator enables you to access relevant data as needed for ad hoc reporting. Easy to use formats allow you to readily customize reports

Supports custom designed license/statement/renewal forms including laser and color printing

Standard Reports:

Business Registration

Statements

Renewal Notices

Transaction Reports

Business Reports

Accounting Reports

In addition, User Defined Reports are available using the Report Generator.